The 2010 ferrosilicon contract price on ZCE closed at 5638 yuan per ton on September 9.

Thermal coal prices for South Korea edged higher this week.

“We are recovering in the automotive sector, but manufacturing products have low demand- particularly for white goods going abroad,” the source said.

US exports of hot-briquetted iron (HBI) continued to shift toward China in July to meet increased demand for metallics from the world's leading steelmaker.

The decision to bring the capacities back is connected to the relining of a BF at ArcelorMittal Gent in Belgium, the company said.

“The rebound of the Brazilian economy is already happening,” Usiminas chief executive officer Sergio Leite said at the event to celebrate the BF restart.

The UK car sector slowed in August, with car registrations falling on the year after rebounding in July, despite a boost in zero-emission capable vehicle demand.

LME Aug scrap futures volumes hit 3-month high as hedging appetite grows in volatile market